2:49 PM,
Jan. 30, 2013

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An Ocean County woman has admitted she hid profits she made on a Ponzi scheme investment a decade ago and filed for bankruptcy in hopes of keeping her fortune, authorities said.

Marjorie Parise, 51, of the Manahawkin section of Stafford, pleaded guilty to one count of bankruptcy fraud before U.S. District Judge Freda L. Wolfson on Wednesday in federal court, according to a statement from the U.S. District Attorney's Office.

The defendant and her husband invested roughly $115,750 with Global Trading Investments LLC in 2003. They received profits totaling more than $429,000. However, the ...